RE:Political Risk?????lionelmac wrote: As someone new to this board what degree of political risk does this company have concerning the location of it's holdings?
it depends on the province at the moment but Macri wants to make the whol country mining friendly and catch up Chile. A new mining code is expected in a few weeks
https://eleconomista.com.mx/industrias/2017/05/15/sigue-desregulacion-macri-sector-minero-argentina
currently around a third of the projects in Argentina are stalled because of cyanide ore open pit bans in some provinces like Chubut. The new law is expected to boost mining investments to 20 billion by 2025.
Btw some provinces have a point with those bans considering the irresponsible conduct of companies like Barrick - three cyanide spills in Veladero in 18 months, it's a disgrace and they promise every time that it's fixed